Russia: hard to say whether Algiers oil talks will yield agreement

"It is hard to tell, consultations are still under way," Novak told Reuters when asked whether any agreement to stabilize the market was expected this week.

Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria from Sept. 26-28. Non-OPEC producer Russia is also attending the forum.

(Reporting by OPEC team; Editing by Dale Hudson)